Major move in the markets today. We broke big support on all the indexes. News from Syria is causing some market turmoil right now. Best to not hold anything overnight until things calm down. This is the best part about being a daytrader is that these overnight gap downs don’t effect you that much. We had a nice day in the bulls room trading $amba and ended with $720 in gains today.
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Check out this blog on recognizing market trends
Here are the trades from today as well as 3 stocks I am watching for tomorrow:
SPY- broke support today
INVN- breakout watch
YELP- breakout watch through 53
FRO- watch for breakout through 3.00